1105 1St AveMoultrie, GA 31768

Property Details for 1105 1St Ave

Year built

2000

Lot size

1.52 AC

Property size (Sq ft)

3,522 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

M044 043

APU

M044043

Description

This exceptional investment opportunity presents a strategically located Burger King in Moultrie, Georgia. The property boasts a 4,579 square foot building situated on a 1.52-acre lot, offering high visibility on 1st Ave SE with a daily traffic count exceeding 12,600 vehicles. The absolute NNN lease, with a corporate guarantee, provides significant investor security and requires zero landlord responsibilities. The current lease term extends to October 30, 2041, with 17 years remaining in the primary term. Built in 1985 and fully renovated in 2024, the property demonstrates strong tenant commitment. The lease includes attractive rent bumps of 6.5% every five years, beginning October 31, 2026, and four 5-year renewal options at the same rate. The property generates a substantial net operating income (NOI) of $214,582, resulting in a 6.25% cap rate. The asking price is $3,433,315, translating to $749.80 per square foot. The property benefits from a strong demographic profile, with over 26,000 residents within a 5-mile radius and is situated within a dense retail corridor featuring numerous national tenants, including Piggly Wiggly, Tractor Supply Co., McDonald's, AutoZone, Sonic, and Family Dollar. This Burger King consistently performs exceptionally well, ranking second within its franchisee's system. The franchisee, Consolidated Restaurant Group, is a growing operator with over 80 Burger King and 5+ Del Taco locations across Florida and Georgia. This is a rare opportunity to acquire a high-performing, low-maintenance, and secure net lease investment.

• CAP approach

  CAP return

  Valuation

  6%

  $643,532

  6.5%

  $594,030

  7%

  $551,599

• Comparable approach

  Method

  Valuation

  Relative Method

  $630,955

  Geo Method

  $630,955

• Alternative Use

  Use

  Valuation

  Residential

  $501,086

  Hospitality

  $458,992

  Educational

  $381,876

  Medical

  $395,010

  Retail

  $594,030

Location Insight

City

Moultrie

County

Colquitt

State

Georgia

Latitude

31.1793

Longitude

-83.7746

CBSA code

34220

CBSA name

MOULTRIE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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